The Singapore government announced on March 24 that it significantly expanded Child Development Accounts as of that date.
All babies building assets: Singapore expands Child Development Accounts
Tag: Child Development Accounts (CDA) News
‘Acorn Fund’ to seed college accounts for Salem City, N.J., students
Every student in public, private and home schools in Salem City, N.J., will have access to a seed deposit in a 529 college savings account starting in April, officials announced.
St. Louis treasurer officially launches college savings for kindergarteners
Every kindergartner enrolled this year in St. Louis City public and charter schools is receiving a college savings account, Treasurer Tishaura O. Jones said at the official launch of the College Kids program.
Israel adopts savings accounts for children based on CSD recommendation
Israel’s parliament has passed a law funding long-term savings accounts for all newborns, based on a proposal developed by Michal Grinstein-Weiss, associate director of the Center for Social Development, and on research efforts led by Michael Sherraden, director of CSD.
Event on Child Development Accounts draws crowd from 24 states
More than 100 people gathered in St. Louis in October to hear leading experts discuss the latest research, funding, program and account-structure ideas in the growing field of Child Development Accounts.
Ferguson Commission calls for Child Development Accounts
The Ferguson Commission in its report released this week called for universal Child Development Accounts that are statewide and automatic.
CSD joins launch of Campaign for Every Kid’s Future
At the Center for Social Development, we believe that financial security should be lifelong, starting at birth and extending from childhood through adulthood. Today CSD is proud to join CFED and more than a dozen other partners in launching the Campaign for Every Kid’s Future.
Sherraden marks Singapore’s 50th Anniversary with lecture on social innovation
Singapore’s innovative response to its rough and vulnerable beginning has shaped the first 50 years of the island country, Michael Sherraden said Wednesday, speaking to a crowd gathered at the National University of Singapore for his public lecture marking Singapore’s 50th Anniversary as an independent nation.
CDA program urged for Israel
Michal Grinstein-Weiss, Ph.D., the associate director of the Center for Social Development and associate professor at the Brown School at Washington University, presented to a visiting delegation of Israeli government officials in New York City.
SEED OK experiment already making an impact on families, policy
An experiment that models the first truly universal Child Development Account policy in the United States shows early positive impacts for parents and children, according to a research summary recently published by the Center for Social Development at Washington University in St. Louis.
Maine becomes first state to provide college savings for all newborns
This week, the state of Maine became the first in the United States to make college savings for newborns universal and automatic, putting into practice research pioneered by Michael Sherraden and the Brown School’s Center for Social Development at Washington University in St. Louis.
Child savings accounts promote positive social-emotional development, study finds
A college savings account in a child’s name not only gives parents hope for the future, it also results in improved social-emotional health for their children.
CSD research for Department of Education will contribute to federal college savings policy
The U.S. Department of Education (DOE) recently launched the first large-scale test of college savings accounts when it incorporated a college savings and financial counseling component into GEAR UP (Gaining Early Awareness for Undergraduate Programs), its initiative to prepare youth for college.
A new approach to social welfare celebrates 21 years
Asset-building scholars, policymakers, and foundations gathered earlier this month in Washington, DC to celebrate the 21st anniversary of “Assets and the Poor: A New American Welfare Policy.”
Impact of ‘Assets and the Poor’ continues to grow 20 years after its release
In Assets and the Poor, Michael Sherraden, PhD, the Benjamin E. Youngdahl Professor of Social Development at the Brown School at Washington University in St. Louis, writes that asset accumulation is structured and subsidized for many non-poor households, primarily via retirement accounts and home ownership.
Brown School alumna active in American Dream Demonstration research wins prestigious award
The Center for Social Development congratulates Michal Grinstein-Weiss on her receipt of the Deborah K. Padgett Early Career Achievement Award from the Society for Social Work and Research.
Savings accounts in child’s name provide lifelong benefits
Child Development Accounts are savings accounts that begin as early as birth. CDAs allow parents and children to accumulate savings for post-secondary education, homeownership or business initiatives.
CSD to collaborate on plan to broaden reach of Youth Savings Accounts
The availability of savings products for young people, especially in the developing world, remains extremely limited despite demand for safe and regulated institutions, a large potential market, and growing evidence about the potential of savings to benefit youth.
Child Development Accounts and CSD research featured by the Federal Reserve Bank of St. Louis
The Federal Reserve Bank of St. Louis devoted a feature article in the spring issue of its publication, Bridges, to Child Development Accounts, an innovative tool for making long-term investments in children.
CSD publishes new data on child savings
The Center for Social Development announces the publication of the March 2009 SEED Account Monitoring research report.